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6725 N Glenwood St 14,560 SF Retail Building Garden City, ID 83714 $5,646,971 CAD ($387.84 CAD/SF) 8.05% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Absolute NNN—no landlord responsibilities
  • Located at one of the highest traffic intersections in Idaho with 41,000 AADT on W State Street and 36,000 AADT on N Glenwood Street
  • Boise is one of the fastest growing MSA’s in the US
  • Adjacent to Walmart and surrounded by national retailers including Albertsons, Ross, Big 5, Verizon, T-Mobile, O-Reilly Auto Parts, Batteries Plus

EXECUTIVE SUMMARY

Tenant Profile
Walgreens is the second largest in the United States, behind CVS Health’s CVS Pharmacy. It specializes in filling prescriptions, health and wellness products, health information, and photo services. It was founded in Chicago in 1901, and is headquartered in the Chicago suburb of Deerfield, Illinois. On December 31, 2014, Walgreens acquired Switzerland-based Alliance Boots. Walgreens employs approximately 312,000 people worldwide.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,560 SF
Building Class
B
Year Built
2005
Price
$5,646,971 CAD
Price Per SF
$387.84 CAD
Cap Rate
8.05%
NOI
$454,512 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.84 AC
Zoning
C-2
Parking
60 Spaces (4.59 Spaces per 1,000 SF Leased)
Frontage
135’ on Glenwood St

AMENITIES

  • Pylon Sign
  • Drive Thru

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • -

Walgreens is a trusted and convenient local health destination that millions of Americans rely on every day. Their founder, Charles R. Walgreen Sr., was known for finding new ways to connect with customers on a personal level and treating each person like a guest in his own home. For over a century, they have expanded that personal connection through their network of neighborhood pharmacies and their innovative health services and products. The foundation for all of this is their trusted pharmacy expertise, and their team members who provide essential care that helps people achieve better health outcomes at an affordable cost.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - -

NEARBY MAJOR RETAILERS

EPOC Training Center
Washington Trust Bank
Applebee's
Black Bear Diner
U.S. Bank
Workout Anytime 24/7
Albertsons
Yoga Six

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
S0524428250
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,132,513 CAD
  • Listing ID: 35003598

  • Date on Market: 2025-03-03

  • Last Updated:

  • Address: 6725 N Glenwood St, Garden City, ID 83714

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